Debt in Islām
In Islām, debt is viewed as a serious matter. Muslims are encouraged to:
- Fulfill Debt: Pay debt on time and in full.
- Be Honest: Disclose debt terms and conditions transparently.
- Avoid Unnecessary Debt: Live within means and avoid excessive borrowing.
Verily with every hardship comes ease.
Prayer for settling debt
Seek for forgiveness, turn to Allah and say "Allahumma innī aʿūdhu bika minal hammi wal ḥazani, wal ʿajzi wal kasali, wal bukhli wal jubni, wa ḍalaʿid dayni wa galabatir rijāl"
"O Allah, I seek refuge in You from grief and sadness, from weakness and laziness, from miserliness and from cowardice, from being overcome by debt and from being overpowered by man (the people)".
May Allah guide us to financial stability and grant relief to those struggling with debt.